Markets drift sideways as US stimulus deal awaited
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Expert's opinion from FXFinPro
Investor sentiment deteriorated in the Eurozone
Today was published statistics on the indicator of investor confidence in the euro area, which in January showed a strong decline to 96, versus 15.7 in December. Analysts had forecasted a decline to 11.8. It is worth noting that the main factors that are negatively displayed on the investor sentiment was the volatility on the Chinese market. This fact puts pressure on the European stock markets, but given the expected decline in the euro, a program of quantitative easing and low oil prices, we expect the growth on the stock markets in Europe in the medium term, but it be restrained by the negative sentiment in Asia and the US.
Monday, 11 Jan, 2016 / 1:05
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